Essentially it is increasingly common to find the same knowledge, skills, expertise and technology overseas at a fraction of the cost of employing an American worker with the same skillsets and knowledge. As an example Kimberley Amadeo mentions in her article, How Outsourcing Jobs Affects the US Economy, many American companies have outsourced IT functions to India and China noting that the skillsets are equivalent but the wages are significantly less overseas. Not only can U.S. Companies find freelancers and companies overseas to do the job cheaper than the base salaries they are paying in the states, but they also get to cut off all of the added expenses in benefits they provide for every U.S. employee. Additionally, the companies and
